💰 Salary Converter
Convert Any Salary - Calculate Annual, Monthly, Weekly, Daily, and Hourly Rates in Real Time
Salary Calculator
Salary per hour
Salary per day
Salary per week
Salary per month
Salary per year
Number of hours worked per week
Smart Linked Calculation
Change any salary figure or working hours, and the others will update automatically. Calculations are based on your set hours per week.
📐 Calculation Formula Explanation
Hourly → Others
- • Daily Rate = Hourly Rate × (Hours Per Week ÷ 5)
- • Weekly Rate = Hourly Rate × Hours Per Week
- • Monthly Rate = Hourly Rate × Hours Per Week × 52 ÷ 12
- • Annual Rate = Hourly Rate × Hours Per Week × 52
Daily → Others
- • Hourly Rate = Daily Rate ÷ (Hours Per Week ÷ 5)
- • Weekly Rate = Daily Rate × 5
- • Monthly Rate = Daily Rate × 260 ÷ 12
- • Annual Rate = Daily Rate × 260
Monthly → Others
- • Annual Rate = Monthly Rate × 12
- • Weekly Rate = Monthly Rate × 12 ÷ 52
- • Daily Rate = Monthly Rate × 12 ÷ 260
- • Hourly Rate = Monthly Rate × 12 ÷ 52 ÷ Hours Per Week
Annual → Others
- • Monthly Rate = Annual Rate ÷ 12
- • Weekly Rate = Annual Rate ÷ 52
- • Daily Rate = Annual Rate ÷ 260
- • Hourly Rate = Annual Rate ÷ 52 ÷ Hours Per Week
Standard Assumptions: 52 weeks per year, 5 working days per week, 260 working days per year (52 weeks × 5 days). These are internationally recognized standards for salary calculation.
What is Salary Conversion?
Salary conversion is the process of translating the same wage between different time units. For example, converting an annual salary of ¥120,000 to a monthly salary of ¥10,000, or an hourly rate of ¥58. This helps you make more informed decisions when comparing different job offers, as some companies pay hourly, some monthly, and some annually.
Why is Salary Conversion Needed?
When seeking or changing jobs, different companies may quote salaries differently. Company A says ¥50 per hour, Company B says ¥8,000 per month—which is higher? A salary converter allows you to quickly standardize and compare. Furthermore, freelancers need to calculate their monthly or annual income based on an hourly rate for financial planning and tax purposes.
How Do Working Hours Affect It?
The hours worked per week is a crucial parameter for salary conversion. The standard is 40 hours per week (8 hours per day × 5 days), but this varies by industry. For instance, some roles work 35 hours per week, while others work 50 hours. The same hourly rate yields a vastly different final income depending on the working hours. Therefore, it is essential to accurately set the working hours for calculation.
📖 Detailed Salary Conversion Explanation
Calculation Formula Details
Annual → Monthly: Annual Salary ÷ 12 Months
E.g.: Annual Salary ¥120,000 ÷ 12 = Monthly Salary ¥10,000
Annual → Daily: Annual Salary ÷ Annual Working Days
E.g.: Annual Salary ¥120,000 ÷ 250 Days = Daily Rate ¥480
Daily → Hourly: Daily Rate ÷ Hours Worked Per Day
E.g.: Daily Rate ¥480 ÷ 8 Hours = Hourly Rate ¥60
Standard Working Time Parameters
• Hours Worked Per Day: Standard is 8 hours (adjustable)
• Working Days Per Week: Standard is 5 days (Monday to Friday)
• Working Weeks Per Year: Standard is 50 weeks (accounting for 2 weeks of vacation)
• Working Days Per Year: Approx. 250 days (5 days/week × 50 weeks)
Important Notes
- This tool calculates **gross salary** (pre-tax); actual take-home pay requires deductions for personal income tax and social insurance.
- Working hours vary significantly by industry; adjust parameters according to your actual situation.
- Part-time and temporary workers are typically paid hourly, while full-time employees are often paid monthly or annually.
- Overtime pay, bonuses, and allowances must be calculated separately.
📊 Common Salary Level Comparison Table
The following is a comparison of common salary levels based on a 40-hour work week, helping you quickly understand the correspondence between different salary brackets:
| Annual | Monthly | Weekly | Daily | Hourly | Salary Level |
|---|---|---|---|---|---|
| ¥60,000 | ¥5,000 | ¥1,154 | ¥231 | ¥29 | Entry Level |
| ¥80,000 | ¥6,667 | ¥1,538 | ¥308 | ¥38 | Junior |
| ¥120,000 | ¥10,000 | ¥2,308 | ¥462 | ¥58 | Mid Level |
| ¥150,000 | ¥12,500 | ¥2,885 | ¥577 | ¥72 | Mid-Senior |
| ¥200,000 | ¥16,667 | ¥3,846 | ¥769 | ¥96 | Senior |
| ¥300,000 | ¥25,000 | ¥5,769 | ¥1,154 | ¥144 | Expert |
| ¥500,000 | ¥41,667 | ¥9,615 | ¥1,923 | ¥240 | Specialist |
| ¥1,000,000 | ¥83,333 | ¥19,231 | ¥3,846 | ¥481 | Top Tier |
❓ Frequently Asked Questions (FAQ)
Negotiation Tips
Understanding the conversion between different time units is crucial during salary negotiations. If an offer is given as an hourly rate, you can quickly convert it to an annual salary to judge if it meets your expectations. Also, consider factors like overtime pay and bonuses to assess the total compensation package.
Career Planning
Using the salary converter can help you set clear career goals. For example, if your target is an annual salary of ¥200,000, that converts to about ¥16,667 monthly, or ¥96 hourly. Clear numerical goals help you evaluate your career progress.
Advice for Freelancers
Freelancers typically charge by the hour or by project. It is advisable to first determine your desired annual income and then work backward to find the appropriate hourly rate. Remember to account for factors like holidays, sick leave, and taxes. Since actual working hours may be less than standard, your hourly rate should be increased accordingly.
Overtime Pay Calculation
According to Chinese labor law, overtime on workdays is calculated at 150%, on rest days at 200%, and on statutory holidays at 300%. Knowing your hourly rate allows you to accurately calculate your overtime pay and protect your legal rights.